XRP is facing a dynamic barrier at the middle Bollinger band, as analyst says its rally will be “10X bigger” in the upcoming altcoin season.
Notably, XRP has slipped sharply over the past 24 hours, falling 7.6% to around $2.03 as downside pressure continues to build across the broader crypto market.
The altcoin traded within a daily range of $2.02 to $2.21, reflecting continued volatility as it failed to hold upper-band pricing. XRP’s chart shows a steady breakdown from the $2.21 area, followed by persistent lower prices and declining intraday structure.
With XRP now testing the psychological $2.00 level after sliding through key short-term supports, traders are closely watching whether this zone can stabilize price action or open the door to a deeper retracement.
XRP Price Analysis
Looking at the technical end, XRP continues to trade below the Bollinger mid-band. The upper band currently sits near $2.38, forming an immediate resistance zone where prior upside attempts have previously stalled. The mid-line, positioned around $2.16, now acts as the closest dynamic barrier, and price has failed to reclaim it since slipping beneath this level.
On the lower end, the bottom Bollinger band near $1.93 marks a key support area that has cushioned recent selloffs. The market is grading this zone as a crucial defense point, as a break below it could invite further retracement toward deeper range lows.
Meanwhile, the Stochastic RSI readings at 71.52 and 83.10 indicate that XRP is leaning toward elevated levels within the oscillator range. While not deeply overbought, the gauge shows that former upside attempts are losing steam. A downward cross in this zone would align with the broader chart structure and signal increasing risk of extended downside if buyers fail to re-enter.
Overall, XRP remains technically constrained by layered resistance at $2.16 and $2.38, while the $1.93 region operates as the primary support floor. Until the asset reclaims its mid-band and sustains a close above it, the indicators suggest that bearish pressure is still the dominant force.
XRP 10X Bigger in Next Altcoin Season?
Elsewhere, an analyst on X asserts that the next phase of the crypto market cycle, which he describes as a “super cycle,” is expected to be significantly larger than previous altcoin expansions. Citing historical patterns in the altcoin-to-Bitcoin ratio, the analyst highlights three marked cyclical phases, 2017, 2021, and a projected phase beginning around 2026.
According to the shared visual, the upcoming period, labeled “Altcoin Season III,” will eclipse earlier cycles in size and duration. He further emphasized XRP as the central narrative within this forecast, stating that while the broader crypto cycle will be substantial, the “real story” will revolve around XRP.
In his commentary, the analyst claims that the anticipated 2026 cycle will not simply replicate 2021 but will be “10x bigger for XRP.”
DisClamier: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.
